Opinion

Felix Salmon

Ponzi artist publicity stunt of the day

By Felix Salmon
May 1, 2009

HOUSTON, April 30 (Reuters) – Allen Stanford, the Texas billionaire facing civil fraud charges, attempted to turn himself in at the federal courthouse in Houston on Thursday but was turned away because there is no warrant for his arrest, his lawyer said.

Remember, this is a man who still claims that he’s innocent. If you’re innocent, and there’s no warrant out for your arrest, what on earth are you doing trying to turn yourself in?

(Via Alea)

Comments
3 comments so far | RSS Comments RSS

Aren’t most of his assets frozen? You have to admit that the prosecutors are handling this poorly. Either charge him or let him go on his business. Seizing assets indefinitely without a legal charge is an asinine thing to do.

Posted by Sean | Report as abusive
 

Totally agree with the above comment!

 

Though, not nearly as asinine as telling people you’re helping them invest for their retirement when you’re really just stealing them blind.

 

Post Your Comment

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
  •